Europe Vitamin C Market Size & Outlook, 2024-2030
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Europe vitamin c market highlights
- The Europe vitamin c market generated a revenue of USD 515.8 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, premium was the largest revenue generating grade in 2023.
- Regular is the most lucrative grade segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 515.8 million |
| Market revenue in 2030 | USD 725.3 million |
| Growth rate | 5.2% (CAGR from 2024 to 2030) |
| Largest segment | Premium |
| Fastest growing segment | Regular |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular, Premium |
| Key market players worldwide | Spectrum Chemicals, DSM, NorthEast BioLab, CSPC Pharmaceutical Group Ltd, Foodchem International Corporation, Fooding, Northeast Pharmaceutical Group, Botanic Healthcare, Global Calcium, Joshi Group, MC Sciences, Pharmavite, Nagase & Co Ltd, RX Marine, Shandong Luyin Pharmaceutical Co., Honson |
Other key industry trends
- In terms of revenue, Europe region accounted for 26.5% of the global vitamin c market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 725.3 million by 2030.
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Vitamin C Market Scope
Vitamin C Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Honson | View profile | 51-100 | Shajing, Hunan, China, Asia | https://www.honsoncn.com |
| Shandong Luyin Pharmaceutical Co. | View profile | - | Linyi, Shandong, China, Asia | http://www.lvyin.cn |
| RX Marine | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | http://rxmarine.com/ |
| MC Sciences | View profile | 11-50 | Meckenheim, Nordrhein-Westfalen, Germany, Europe | https://www.mcsciences.com/ |
| Joshi Group | View profile | 1001-5000 | https://joshibusiness.com/ | |
| Global Calcium | View profile | 251-500 | Bangalore, Karnataka, India, Asia | https://www.globalcalcium.com |
| Northeast Pharmaceutical Group | View profile | 5001-10000 | Shenyang, Liaoning, China, Asia | https://www.nepharm-en.com/ |
| Botanic Healthcare | View profile | 101-250 | Hyderabad, Andhra Pradesh, India, Asia | https://www.botanichealthcare.net |
| Fooding | View profile | 51-100 | Shanghai, Shanghai, China, Asia | https://www.chinafooding.com |
| Pharmavite | View profile | 1001-5000 | Northridge, California, United States, North America | http://www.pharmavite.com |
| Foodchem International Corporation | View profile | - | Shanghai, Shanghai, China, Asia | http://www.foodchemadditives.com/ |
| Spectrum Chemicals | View profile | 11-50 | Mumbai, Maharashtra, India, Asia | https://www.spectrumchemicals.net |
| Nagase & Co Ltd | View profile | 7220 | 5-1, Nihonbashi-Kobunacho, Chuo-ku, Tokyo, Japan, 103-8355 | http://www.nagase.co.jp |
| NorthEast BioLab | View profile | 11-50 | Hamden, Connecticut, United States, North America | https://www.nebiolab.com |
| CSPC Pharmaceutical Group Ltd | View profile | 23500 | No. 226 Huanghe Street, Hebei Province, Shijiazhuang, China, People's Republic of, 050035 | https://www.cspc.com.hk |
| DSM | View profile | 10001+ | Heerlen, Limburg, The Netherlands, Europe | http://www.dsm.com |
Europe vitamin c market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vitamin c market will help companies and investors design strategic landscapes.
Premium was the largest segment with a revenue share of 76.04% in 2023. Horizon Databook has segmented the Europe vitamin c market based on regular, premium covering the revenue growth of each sub-segment from 2018 to 2030.
The pharmaceutical industry in Europe is experiencing growth due to the increasing number of elderly individuals, resulting in higher demand for healthcare services and medication. Additionally, Europe has a robust research and development foundation in the pharmaceutical industry with various universities, research centers, and biotech companies contributing to innovation and development of new drugs.
These factors collectively contribute to the expansion of the pharmaceutical industry, driving the demand for the ascorbic acid market.
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Our clientele includes a mix of vitamin c market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe vitamin c market , including forecasts for subscribers. This continent databook contains high-level insights into Europe vitamin c market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe vitamin c market size, by country, 2018-2030 (US$M)
Europe Vitamin C Market Outlook Share, 2023 & 2030 (US$M)
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